Fleming Properties Balance Sheet Health
Financial Health criteria checks 2/6
Fleming Properties has a total shareholder equity of €40.5M and total debt of €77.3M, which brings its debt-to-equity ratio to 191.2%. Its total assets and total liabilities are €125.8M and €85.3M respectively. Fleming Properties's EBIT is €5.3M making its interest coverage ratio 4.5. It has cash and short-term investments of €9.4M.
Key information
191.2%
Debt to equity ratio
€77.34m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €9.37m |
| Equity | €40.45m |
| Total liabilities | €85.31m |
| Total assets | €125.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLMNG's short term assets (€9.9M) do not cover its short term liabilities (€78.4M).
Long Term Liabilities: FLMNG's short term assets (€9.9M) exceed its long term liabilities (€6.9M).
Debt to Equity History and Analysis
Debt Level: FLMNG's net debt to equity ratio (168%) is considered high.
Reducing Debt: Insufficient data to determine if FLMNG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FLMNG's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: FLMNG's interest payments on its debt are well covered by EBIT (4.5x coverage).